Blog Archives

Utility Spending on Asset Management and Grid Monitoring Technology Will Reach Nearly $50 Billion through 2023, Forecasts Navigant Research

New technology provides a holistic, predictive view of grid performance, report concludes.

BOULDER, Colo.–(BUSINESS WIRE)–Most utilities today handle asset management with what amounts to a run-to-fail strategy. Despite the growing availability of new solutions, many utilities have not yet incorporated sensing or monitoring technology into their networks. With the advent of the smart grid, however, the inclusion of sensing and monitoring systems is starting to make compelling economic sense. Click to tweet: According to a new report from Navigant Research, cumulative utility spending on asset management and condition monitoring systems for the power grid will total $49.2 billion during the period from 2014 to 2023.

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GrDF Selects Itron for Smart Gas Meters in France

Itron to provide up to 3.7 million smart gas meters for world’s largest smart gas metering deployment

LIBERTY LAKE, Wash.–(BUSINESS WIRE)–Itron, Inc. (NASDAQ:ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that Gaz reseau Distribution France (GrDF), the main natural gas utility in France and 100 percent-owned subsidiary of GDF Suez, has selected Itron as a main supplier of Gazpar smart gas meters for its Smart Gas Meter project. The project will create smart metering excellence in France to benefit GrDF customers, improve operational efficiency and create jobs.

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